- Kanzhun reported strong first quarter revenue growth but predicted it would record its first-ever revenue contraction in the second quarter due to Covid disruptions.
- No updates were provided on a government data security review that is reportedly nearing completion and has prevented the company from registering new users for nearly a year.
- Kanzhun’s customer metrics looked relatively strong for the first quarter, especially when one considers the ban on new customer registrations.
For further details see:
Kanzhun Weathers Covid Storm, Silent On Data Security Review